391 Cleveland AveGreen IsleMN55338
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Green Isle at 391 Cleveland Ave, Green Isle, MN, 55338 at $234,900 posts ROI 26.53% with $430/mo cash flow from $1,897/mo rent. Total monthly income equals $1,897/mo, and annual cash flow records $5,159/yr on $77,869 to close. Return on cash invested measures 26.53% and rental yield reads 9.69% at the current $234,900. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 by year five. Five-year ROI prints 138.43% and total cumulative return in cash totals $107,793.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,897/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1932
9,931 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55338, Green Isle, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 490 (100%) |
| Owner Occupied HU | 404 (82.4%) |
| Renter Occupied HU | 39 ( 8.0%) |
| Vacant Housing Units | 47 ( 9.6%) |
| Median Home Value | $393,701 |
| Average Home Value | $435,972 |
Housing Distribution
Address Breakdown
Residential
466
Single Family
466
Multi-Family
0
Businesses
14
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Nearby investment properties with comparable prices
Listed by: Trista Kottke • RE/MAX Experience
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7005523